For honest and ethical appraisals, count on Steamboat Appraisals

We have many responsibilities as appraisers, but our main duty is to our clients. Generally, for a normal residential appraisal, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. It follows that appraisers are typically limited to only disclosing their findings to their clients, so as a homeowner, if you would like a copy of the appraisal document, you normally should get it via your lender.

Other responsibilities include accurate sums appropriate to the parameters of the report, acquiring and keeping a respectable level of competency and education, and of course, the appraiser must behave in a professional manner. Maintaining high ethics is standard operating procedure for us at Steamboat Appraisals.

In some cases appraisers will have fiduciary responsibilities to third parties, including homeowners, both buyers and sellers, or others. Typically the third parties are specifically defined in the appraisal report. An appraiser's fiduciary role is only to those parties who the appraiser is aware of, based on the scope of work or other written parameters of the job.

	Steamboat Appraisals has worked hard for its track record for producing competent and ethically superior appraisals. To learn more, contact us.

There are also ethical rules that have nothing to do with whom we share information. For example, appraisers must keep their work files for a minimum of five years - something else Steamboat Appraisals diligently adheres to.

We require the highest ethical standards possible from ourselves. Doing orders based on contingency fees is not something we can consider. In other words, we can't agree to do an appraisal report and collect payment on the contingency of the loan closing. There's an obvious conflict of interest if an appraiser can report a larger value and then get paid more money!

Finally, the Uniform Standards of Professional Appraisal Practice also states unethical behavior as accepting of an assignment that is contingent on "the reporting of a pre-determined result (e.g., opinion of value)", "a direction in assignment results that favors the cause of the client", or "the amount of a value opinion" in addition to other situations We diligently follow these rules to the letter which means you can be assured we are doing everything we can to provide an unbiased determination of the home or property value.

With Steamboat Appraisals, you can be assured of 100 percent ethical, honest service.